Ultra Deep Solutions takes option to continue DSCV fleet expansion

Ultra Deep Solutions takes option to continue DSCV fleet expansion

Singapore-based subsea vessel operator Ultra Deep Solutions has exercised an option at China Merchants Heavy Industries for a dive support construction vessel.

The Kadinsky is the sister vessel to Ultradeep Matisse, which is under construction at the yard and scheduled for delivery in 2019.

UDS did not reveal a delivery date for this new vessel, which is suitable for a well intervention tower and flex lay tower.

Shel Hutton, CEO of Ultra Deep Solutions, commented: “Exercising the option of the sister vessel fits into our future plans for long term decommissioning. We see the industry in a 30-year cycle which will be removing many structures over this term. Our plans remain the same to build high efficiency vessels at a competitive price. Technology will be a driving force over the next decade. Capturing the market in these area’s will be a key to our success.”

Ultra Deep Solutions has a fleet of six DSCVs including those under construction.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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